Illinois drivers must carry two primary forms of liability insurance, these being property damage liability and bodily injury liability. With the help of these two forms of liability insurance, Illinois drivers are protected from claims filed against them when they cause a motor vehicle accident. Some of the items that are covered through this insurance include payment for lost wages, medical expenses, and damage to the property of the other people involved in the accident.
In the state of Illinois, drivers must carry liability auto insurance at a 20/40/10 ratio. This means that the drivers must carry $20,000 in personal injury liability insurance per person injured and a minimum of $40,000 in bodily injury insurance per accident. The state minimum for property damage is $10,000 per accident.
Bodily Injury Liability, or simply BI for short, covers the expenses associated with the accidental death or injury of someone else involved with an accident that the insured driver caused. This coverage, which must be in the amount of $20,000 per person or $40,000 per accident, covers these expenses for the driver of the other vehicle or vehicles involved in the accident. It also covers the expenses of death or injury for anyone that was a passenger in the vehicles involved in the accident as well as any pedestrians.
Property Damage, or PD for short, pays for the costs associated with the damaging of property. This may include other vehicles involved with the accident as well as other property, such as walls, poles, or any other property involved. Illinois drivers must carry at least $10,000 per accident in order to legally register and drive a vehicle in the state.
In order to register a vehicle in Illinois, drivers must provide proof of insurance coverage. There are many methods that an Illinois driver may use to prove insurance coverage. The most common method used to prove auto insurance coverage is simply to use the card provided by the insurance company. There are, however, other methods that an Illinois driver may use to prove insurance coverage.
One method that drivers in Illinois can use to prove their coverage is to present the premium receipt or the insurance binder that was issued by the agent from the insurance company. Drivers in Illinois can also show the current declarations page or the actual liability insurance policy that was issued on behalf of the vehicle. The driver may also show the certificate of liability insurance policy that was issued by an authorized insurance agent or by the insurance company.
Drivers that have purchased a vehicle within the past 60 days can show proof of insurance for the vehicle that was replaced in order to demonstrate adequate coverage. For those Illinois drivers that rent a vehicle, the rental agreement must show that adequate coverage has been provided. This rental agreement can then be presented as proof of insurance coverage.